Farooqui & Farooqui, LLP investigates claims on behalf of Match Group investors By Investing.com

Farooqui & Farooqui, LLP Securities Litigation Partners James (Josh) Wilson He encourages investors who have lost more than $50,000 per game to contact him directly to discuss their options.

If you have a loss of more than $50,000 Match Between May 2, 2023 and November 6, 2024 And you want to discuss your legal rights, call Farooqui & Farooqui Partner Josh Wilson live as if 877-247-4292 Or 212-983-9330 (Ex. 1310).

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NEW YORK, NY–( The News File – Jan 19, 2025 ) – Farooqui & Farooqui, LLP, a leading national securities law firm, has been acquired by Matt Group (NASDAQ:) Inc. Investigating potential claims on (“Related” or). “The Company” (NASDAQ: MTCH) and investors January 24, 2025 deadline To seek the role of lead plaintiff in a federal securities class action against the company.

Farooki & Farooki is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The organization Since its inception in 1995, it has returned hundreds of millions of dollars to investors. Check out www.faruqilaw.com.

As detailed below, the complaint alleges that the company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose: (1) Match Group materially understated the challenges facing Tinder and, as a result, misrepresented Tinder’s financial results when the company reported its third quarter 2024 results; It minimizes the risk that the monthly active user count may not return. and (2) as a result, Defendants’ representations about Match Group’s business, operations and prospects are materially false and misleading and/or lack a reasonable basis at any time.

In the year On November 7, 2024, Investopedia published an article titled “Matching Group Stock Slips as Fourth Quarter Outlook Disappoints.” This article states that “(s)online dating giant Matchgroup fell Thursday morning even though third-quarter earnings were released after the bell Wednesday. (… the app’s monthly active users (MAUs) fell 9% from the same period last year, and its revenue per payer (RPP) fell 9%.” Less-than-expected growth in Tinder users in the quarter, which the company said could impact fourth-quarter earnings, is likely to impact subscription revenue. has influenced

On this news, Match Group’s stock price fell 17.8% to close at $31.11 per share on November 7, 2024.

The court-appointed lead plaintiff is the investor with the greatest financial interest in obtaining the relief sought by the class, who is sufficient and the class members who lead and control the litigation on behalf of the class members. Any member of the mandatory class may ask the court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain as a residual class member. Your ability to participate in any recovery is not affected by the decision to serve as lead plaintiff or not.

Farooqui & Farooqui, LLP also encourages anyone with information regarding Macht’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

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Notice of attorney. The law firm responsible for this announcement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Past results do not guarantee or predict similar results for any future case. We welcome the opportunity to discuss your case. All communications will be treated confidentially.

To view the source of this press release, please visit https://www.newsfilecorp.com/release/237456.